US Foods just crossed its immediate short term resistance however i think this may not be a break out given it is rallying with the market. in a very short term i.e. in next few days it may come back to below 19 level. I would interested to buy if it tests $17 level again.
Observed Workday on both front, post COVID double dip, the stock has been constantly moving up. during COVID it tested its long term support of 120 which it held fine. Post that its support levels 149, 157 are crucial supports.
In very short term again it made double dip before accelerating to 168-170 levels however in very short term i see this stock to hover...
Walmart stock seems to be making an ascending triangle pattern making me believe that it will break out within next few weeks.
note - I have a position in this.
BAC i analyzed over three periods to identify some trend:
1. Good support seen at 22.7 level, historically it has been able to maintain that support
2. Immediate resistance is 23.5-25 levels. If those levels it is able to break then it may run towards 27 levels.
3. Tracking from March, the pattern is some what symmetrical triangle suggesting bilateral movement. ...
